Integrated Filing — IndAS



General information about company

Scrip Code 523642
NSE Symbol PIIND
MSEI Symbol NOTLISTED
ISIN INE603J01030
Name of company PI INDUSTRIES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 11-08-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 03-08-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 11-08-2026   14:00:00
End date and time of board meeting 11-08-2026   18:30:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 1,70,230.00 1,70,230.00
Other income 6,410.00 6,410.00
Total income 1,76,640.00 1,76,640.00
2 Expenses
(a) Cost of materials consumed 68,190.00 68,190.00
(b) Purchases of stock-in-trade 4,230.00 4,230.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 1,230.00 1,230.00
(d) Employee benefit expense 26,080.00 26,080.00
(e) Finance costs 790.00 790.00
(f) Depreciation, depletion and amortisation expense 10,370.00 10,370.00
(f) Other Expenses
1 Net impairment losses on financial assets 520.00 520.00
2 Power, Fuel & Water 7,990.00 7,990.00
3 Environment & Pollution Control Expenses 2,660.00 2,660.00
4 Freight & Cartage 1,460.00 1,460.00
5 Advertisement & Sales Promotion 2,360.00 2,360.00
6 Travelling and Conveyance 3,130.00 3,130.00
7 Legal & professional fees 2,870.00 2,870.00
8 Repairs & Maintenance 3,560.00 3,560.00
9 Laboratory & Testing Charges 1,570.00 1,570.00
10 Other expenses 7,640.00 7,640.00
Total other expenses 33,760.00 33,760.00
Total expenses 1,44,650.00 1,44,650.00
3 Total profit before exceptional items and tax 31,990.00 31,990.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 31,990.00 31,990.00
6 Tax expense
7 Current tax 7,300.00 7,300.00
8 Deferred tax 460.00 460.00
9 Total tax expenses 7,760.00 7,760.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 24,230.00 24,230.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 190.00 190.00
16 Total profit (loss) for period 24,420.00 24,420.00
17 Other comprehensive income net of taxes 3,200.00 3,200.00
18 Total Comprehensive Income for the period 27,620.00 27,620.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 27,620.00 27,620.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 1,520.00 1,520.00
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 16.1 16.1
Diluted earnings (loss) per share from continuing operations 16.1 16.1
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 16.1 16.1
Diluted earnings (loss) per share from continuing and discontinued operations 16.1 16.1
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1 The above Consolidated financial results were reviewed and recommended by the Audit Committee of the Company and approved by the Board of Directors at their meeting held on August 11, 2026. 2 The Consolidated financial results for all the periods presented have been prepared in accordance with the recognition and measurement principles of Ind AS notified under the Companies (Indian Accounting Standards) Rules, 2015 as amended from time to time. 3 The Consolidated financial results include the results of the following entities namely, Parent Company - PI Industries Limited; Subsidiaries (including step down subsidiaries): (a) PI Health Sciences Limited (b) PI Health Sciences USA, LLC (c) PI Health Sciences Netherlands BV (d) Archimica S.p.A Italy (e) PI AgSciences Limited (Formerly known as Plant Health Care limited) (f) PI AgSciences, Inc. (Formerly known as Plant Health Care, Inc, Nevada) (g) PI AgSciencies, S. de R.L. de C.V. (Formerly known as Plant Health Care de Mexico S. de R.L. de C.V.) (h) PI AgSciences (UK) Limited (Formerly known as Plant Health Care (UK) Limited) (i) PI AgSciences Spain, S.A (Formerly known as Plant Health Care Espa�a) (j) PI AgSciences Brasil Ltda (Formerly know as Plant Health Care Insumos Agricolas LTDA) (k) Jivagro Limited (l) PI Life Science Research Limited (m) PI Flowtech B.V. (n) PI Industries Management Consultancies LLC Dubai (o) PI Innoventures Limited (Formerly known as PILL Finance and Investments Limited) (p) PI Japan Co. Limited (q) PI Bioferma Private Limited (r) PI Fermachem Private Limited ;Controlled trust - PII ESOP Trust; Joint Venture - PI Kumiai Private Limited ; Associate - Solinnos Agro Sciences Private Limited. 4 The figures for the quarter ended March 31, 2026 are the balancing figures between audited figures in respect of full financial year and the published unaudited year to date figures for the nine month period ended December 31, 2025. 5 a) In April 2023, PI Health Sciences Limited (PIHS), a wholly owned subsidiary of the Company acquired 100% equity of Solis Pharmachem Private Limited and Therachem Research Medilab (India) Private Limited and specific assets of Therachem Research Medilab LLC, USA. The purchase consideration for the above included contingent consideration to be paid over a period of 6 years subject to achievement of specified business performance and to support for business development activities. Considering the performance of the acquired business since the acquisition, and the successful establishment of an experienced in-house global business development team, no longer requiring external business development support, the Company renegotiated a mutually beneficial one-time settlement payment with erstwhile owners. This settlement resulted in a write-back of the contingent consideration of Rs. 1,260 Mn, which was presented under Exceptional Items during the year ended March 31, 2026. b) Pursuant to the notification of the New Labour Codes as issued in November 2025, the Group reassessed its employee benefit obligations in accordance with the revised definition of wages and accordingly, an incremental liability of Rs. 229 Mn had been disclosed as an Exceptional Item during the year ended March 31, 2026. 6 Segment information as per Ind AS 108 Operating Segments is as per Annexure I.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Agro Chemicals 1,64,880.00 1,64,880.00
2 Pharma 5,420.00 5,420.00
3 Inter Segment adjustment 0.00 0.00
Total Segment Revenue 1,70,300.00 1,70,300.00
Less: Inter segment revenue 70.00 70.00
Revenue from operations 1,70,230.00 1,70,230.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Agro Chemicals 38,350.00 38,350.00
2 Pharma (8,160.00) (8,160.00)
3 Inter Segment adjustment 1,990.00 1,990.00
Total Profit before tax 32,180.00 32,180.00
i. Finance cost 0.00 0.00
ii. Other Unallocable Expenditure net off Unallocable income 0.00 0.00
Profit before tax 32,180.00 32,180.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Agro Chemicals 12,45,490.00 12,45,490.00
2 Pharma 1,45,610.00 1,45,610.00
3 Inter Segment adjustment 0.00 0.00
Total Segment Asset 13,91,100.00 13,91,100.00
Un-allocable Assets 0.00 0.00
Net Segment Asset 13,91,100.00 13,91,100.00
4 Segment Liabilities
Segment Liabilities
1 Agro Chemicals 2,06,960.00 2,06,960.00
2 Pharma 37,310.00 37,310.00
3 Inter Segment adjustment 0.00 0.00
Total Segment Liabilities 2,44,270.00 2,44,270.00
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 2,44,270.00 2,44,270.00
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) Note: The business of the group is divided into two segments as below: a) Agro chemicals - Agro chemicals includes Agchem export (CSM), Domestic Agri Brands and Biologicals. b) Pharma - Pharma comprises contract research and development, contract development and manufacturing of active, key starting materials and intermediates used in pharmaceutical industry.



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements gain/(loss) on defined benefits plans 90.00 90.00
Total Amount of items that will not be reclassified to profit and loss 90.00
2 Income tax relating to items that will not be reclassified to profit or loss 50.00 50.00
3 Amount of items that will be reclassified to profit and loss
1 Effective portion of gain/(loss) on cash flow hedges 5,710.00 5,710.00
2 Exchange difference on translation of foreign operations (550.00) (550.00)
Total Amount of items that will be reclassified to profit and loss 5,160.00
4 Income tax relating to items that will be reclassified to profit or loss 2,000.00 2,000.00
5 Total Other comprehensive income 3,200.00 3,200.00